Federal Signal Corp. (FSS) Stock Price Down 1.7%
Federal Signal Corp. (NYSE:FSS) shares fell 1.7% during mid-day trading on Friday . The company traded as low as $12.99 and last traded at $13.06, with a volume of 496,739 shares changing hands. The stock had previously closed at $13.28.
A number of brokerages recently issued reports on FSS. Zacks Investment Research upgraded Federal Signal Corp. from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 3rd. TheStreet downgraded Federal Signal Corp. from a “buy” rating to a “hold” rating in a report on Thursday, August 4th.
The stock has a market cap of $785.12 million and a price-to-earnings ratio of 15.38. The firm’s 50 day moving average is $13.15 and its 200-day moving average is $13.19.
Federal Signal Corp. (NYSE:FSS) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by $0.02. During the same period in the previous year, the business earned $0.29 earnings per share. The business had revenue of $172.30 million for the quarter, compared to analyst estimates of $180.05 million. The firm’s revenue was down 16.1% on a year-over-year basis. Equities analysts anticipate that Federal Signal Corp. will post $0.70 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Tuesday, August 16th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend was Friday, August 12th.
Federal Signal Corporation designs and manufactures products and integrated solutions for municipal governmental industrial and commercial customers. The Company operates through two segments: Environmental Solutions Group, and Safety and Security Systems Group. Environmental Solutions Group is manufacturer and supplier of a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.
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